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Globalisation key terms
Study Globalisation with curriculum-aligned Key Terms resources, practice links, and exam-focused support.
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key terms
Resource type
Topic
Globalisation
Key terms
globalisation
The process by which businesses and other organisations develop international influence or start operating on an international scale.
globalisation
The process of increasing interconnection and interdependence of economies, societies, and cultures through the exchange of goods, services, information, and people across national borders.
Competitive advantage
A condition that allows a business to outperform rivals.
exchange rate
The rate at which one currency can be exchanged for another, indicating the relative value of the two currencies.
Exchange rate
The rate at which one currency can be exchanged for another.
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